The All Pakistan Textile Mills Association (APTMA) on Monday urged the Federal Board of Revenue (FBR) to permit the adjustment of super tax liabilities against outstanding sales tax, income tax, and other pending refund claims, cautioning that immediate recovery could further strain the already Read More...
The Federal Board of Revenue (FBR) has officially announced updated valuation benchmarks for residential and commercial immovable properties within the Islamabad Capital Territory (ICT), increasing assessed property values by an average margin ranging from 15% to as high as 75%. Notably, areas Read More...
K-Electric Limited has notified the Pakistan Stock Exchange that the Governor of Sindh has annulled an order previously issued by the Provincial Ombudsman, Sindh, against the company’s Chief Executive Officer in relation to a workplace harassment complaint.
In its disclosure submitted on Read More...
The Federal Board of Revenue (FBR) reported tax collections of Rs1.031 trillion for January, reflecting a 16 percent year-on-year increase compared to Rs873 billion collected during the same month last year. Although the figure Read More...
The Pakistan Stock Exchange (PSX) will observe a closure on Thursday, February 5, 2026, following the federal government’s declaration of a public holiday on account of Kashmir Day, as confirmed through an official notice issued earlier this Read More...
Data released by the State Bank of Pakistan (SBP) indicates a sharp contraction in private sector credit off-take, with banks extending Rs588.68 billion in financing between July 1, 2025 and January 16, 2026, compared to Rs1.37 Read More...
The Federal Investigation Agency’s (FIA) Corporate Crime Circle, Karachi, has submitted a detailed progress report to the Public Accounts Committee (PAC) concerning an inquiry into the alleged non-payment of petroleum levy by a private oil marketing company during the period 2019 to Read More...
Pakistan’s total public debt increased to Rs80.5 trillion in FY25, rising by Rs9.3 trillion from Rs71.2 trillion recorded a year earlier and remaining significantly above the 60 percent of GDP threshold prescribed under the Fiscal Responsibility and Debt Limitation Act (FRDLA), according to Read More...
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The State Bank of Pakistan (SBP) has issued a comprehensive procedural framework permitting exchange companies to disburse inward workers’ remittances through Raast, following its earlier approval aimed at strengthening digital payment infrastructure and improving the efficiency of remittance Read More...
The federal cabinet has expressed reservations regarding the proposed introduction of polymer-based banknotes and has sought a comprehensive review of the recommendation to discontinue the Rs10 banknote, referring both matters to a cabinet committee for further scrutiny.
According to media Read More...
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